USD_ DXM17  #usdollarfutures

Weekly – Uptrend still under pressure. Trade pressures are down. Volumes remain bearish.

Daily – In the move down from the 101.50 short entry. Trade pressures are down, but now extended. Volumes are mixed neutral to bearish.

98.19 remains as the next target down. 97.51 is just after that target.

The 101 level remains the signal for a new move up.

 

US 30 YR T-BONDS_ USM17  #ustreasurybonds

Weekly – The six week rally has taken price above the 25×5 moving average. Trade pressures are up but rolling over. Volumes remain bullish.

Daily – Flat. The week started with a close below the 153.28 short entry, but with too much volatility for a proper stop. Trade pressures are down. Volumes are mixed, neutral to bullish.

This is a retracement move down off the 155-05 high pivot. The next target down is 151-07 which coincides with the 25×5 moving average. Expect consolidation here.

A close above 154-07 would signal a resumption of the move up.